Tony Dowding
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Global Risk Manager
Stable outlook for US commercial lines sector, says Best
The US commercial lines sector is seeing profitability in the workers’ compensation line of business, modestly improved interest rates, the…
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Analysis & Opinion
A different approach: international programmes for mid-market companies
More and more mid-market companies across Europe are expanding overseas in one form or another. This might be a company…
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CRE Insurance
Swiss Re report says alternative capital will continue to grow
Alternative capital (AC) will continue to grow and curb the volatility of the overall reinsurance underwriting cycle, according to a…
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CRE Insurance
Global P&C sector profit margins under pressure but outlook is stable, says Moody’s
Rising claims inflation and increasing competition mean that profit margins are under pressure for the global property and casualty (P&C)…
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CRE Legal Regulation
IAIS introduces changes to improve executive committee representation
The International Association of Insurance Supervisors (IAIS) has announced a number of changes designed to ensure representation from the major…
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Climate Change
New tax for environmental policies in Spain
Spain is introducing a new tax for environmental policies, according to insurance premium tax specialists Impendulo. The new tax, representing…
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CRE Insurance
Data and digital innovation to transform global employee benefits, says MAXIS GBN
Major digital and data developments in the global employee benefits industry will deliver tangible cost savings and improve engagement, according…
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CRE Insurance
Chubb launches multinational terrorism risk evaluation service
A new terrorism risk evaluation service aimed at multinational companies and large middle-market businesses has been launched by Chubb. The…
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CRE Insurance
New 2% levy on motor insurance policies in Ireland
Ireland has brought in the Insurance (Amendment) Act 2018, which will bring in a new motor insurance compensation fund and…
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Analysis & Opinion
Expect the unexpected: what will 2019 hold for risk managers with international programmes?
As we look ahead to 2019, Owen Williams, head of the captive centre of excellence at XL Catlin, now part…
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Captives
Barbados announces tax changes affecting captive insurers
Barbados has revealed a number of legislative measures, partly in response to the Organisation for Economic Co-operation and Development’s (OECD)…
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CRE Insurance
Robus opens Malta office to access EU single market
Insurance management group Robus has opened an office in Malta to give its clients the ongoing ability to access the…
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Asia
Strong capitalisation for Japan’s leading P&C insurers despite record cat losses
Despite record high domestic wind and flood catastrophe losses, Japan’s leading property and casualty (P&C) insurance groups remain profitable with…
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CRE Insurance
Solid growth for Gibraltar’s insurance market amid Brexit uncertainty
Gibraltar’s insurance market has continued to grow, and while Brexit creates some uncertainty for Gibraltar-domiciled insurers, the vast majority of…
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Captives
Marsh sets up captive management operation in Abu Dhabi
Marsh has been awarded the first licence to provide captive insurance management services in Abu Dhabi. Marsh Management Services (MENA)…
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CRE Insurance
Principle of proportionality applied by NCAs, EIOPA peer review finds
National Competent Authorities (NCAs) in Europe generally apply the principle of proportionality when supervising and determining whether an insurer's setting…
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Asia
Global economic growth supports premium growth but is slowing, says Swiss Re
Strong global economic growth during the next two years will support global insurance premiums, for both non-life and life, growing…
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CRE Insurance
UK insurers preparing for loss of passporting rights, says Best
UK companies will still be able to underwrite reinsurance business on a cross-border basis post-Brexit in all but a small…
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Captives
Best-rated captives in Bermuda, Cayman Islands and Barbados outperform commercial market
Captives rated by AM Best in Bermuda, the Cayman Islands and Barbados (BCIB) continue to outperform the commercial market in…
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CRE Insurance
Proposed delay in IFRS 17 will give insurers time to prepare
The proposed delay in the implementation deadline of the International Financial Reporting Standard (IFRS 17) to January 2022 from January…